Date: 7 months ago   Category: Economy

Kuwait has stopped export of oil to the USA - RIA Novosti, 10/1/2018

WASHINGTON, 1 Oct — RIA Novosti. Kuwait for the first time in 25 years has almost stopped export of crude oil to the USA, the statistics of information management of the U.S. Department of Energy demonstrates. © RIA Novosti / Vitaly Belousov to Pass into an image bank of the USA will bring out of Kuwait Patriotposledny air defenses batteries month when the USA didn't buy oil in the Middle Eastern emirate, I have fallen on 1992 when the Kuwaiti oil branch was in crisis because of the Iraqi occupation and the subsequent operation "Storm in the Desert" which has led to exile of troops of Iraq. According to the agency Bloomberg, Kuwait was reoriented from the USA on more attractive market of Asia which takes away up to 80 percent of export of the emirate. In this market new opportunities in connection with preparation by November of new sanctions of the USA against oil export of Iran open. High-quality oil from Kuwait is trading in Asia on 80 dollars for barrel. The USA at the same time played in the past an important role for Kuwait, helping to diversify deliveries. The peak of the Kuwaiti export to the USA has fallen on 2012-2014. The place of Kuwait was taken recently Saudi Arabia which sold in the last month in the USA more than one million barrels a day and also Iraq (more than 400 thousand barrels a day).



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